
Oklahoma State extension economist Derrell Peel says the fed cattle market looks poised to break higher in late third quarter, with auction calf and stocker prices rising counter-seasonally. The August Cattle on Feed report showed July placements at 91.9% of last year and feedlot inventories at 98.1% of 2020 levels.
Lower feedlot placements and inventories signal tighter fed cattle supply, supporting cattle prices and tempering feed demand growth.
Setelah 268 peristiwa laporan bullish sebelumnya, Sapi Hidup bergerak median +0,3% selama 5 sesi (58% lebih tinggi; separuh tengah -0,7% sampai +1,4%), dan +1,7% selama 20 sesi.
Setelah 227 peristiwa laporan bullish sebelumnya, Sapi Bakalan bergerak median +0,4% selama 5 sesi (57% lebih tinggi; separuh tengah -1,2% sampai +1,5%), dan +1,1% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Cattle on Feed showed July placements at 91.9% of last year and inventories at 98.1%, signaling tighter supply and fueling bullish expectations for fed cattle prices.